Jamsie1

Jamsie1

Many scenarios can play out here. These trend lines were not obvious but there is confluence right back to the current low. The rising trend line has been respected on many occasions and mostly to the upside. I think this means that if it starts to be respected to the downside, then this will hold. The same goes for the descending trend line that is seen so...

Jamsie1

This Elliott Wave theory is gaining more confluence. There are other theories out there that suggest the November 2021 ATH is the top of the monthly wave 3.